Associate Financial Analyst III

Employer
Confidential
Location
Bangalore
Posted
Jul 14, 2024
Closes
Aug 11, 2024
Ref
4779087247
Level
Associate
Certification
Other
Work Mode
Hybrid
Hours
Full Time
Organization Type
Academia
About the role:

We are looking for a results-oriented team member with an in-depth knowledge or understanding of Life & Health insurance/reinsurance products to strengthen our L&H BU FP&A team.

The core responsibilities of the role in the L&H BU Finance team include:

  • Gain an in-depth understanding of the L&H performance measures, L&H planning process & timelines and the technical aspects of risk selection of a (re)insurance company
  • Prototyping new sophisticated L&H analytics from concepts to implementation to give insights into the Life & Health business
  • Creating standardized visualization of the key data stories and business messages to support senior executives in driving the organization
  • Make sure data is comprehensive, complete, and well understood
  • Provide/ensure the accuracy of data/graphs needed to support Division & Product Heads' presentation requirement for board meeting, external events, internal meetings and similar
  • Communicate L&H financial results in a way that is easily understood by people not dealing on an every-day basis with data/reports
  • Work in close collaboration with colleagues in Finance, Valuation, Regional Client Markets and Financial Modelling team on topics related to IFRS
  • Support L&H BU Planning process and analysis by portfolio & market
  • Embrace/Adopt to the changes in process/deliverables to deliver IFRS results
  • Continuous upskilling by strengthening and sharing IFRS Knowledge within the team
  • Analyze market, client, and underwriting portfolios' performance, explain performance drivers, and regularly work on quickly emerging ad-hoc tasks by being flexible and adaptive
  • Quickly familiarize yourself with new and changing concepts, so that the analysis provided always reflects the latest requirements of the company

About the team:

Within Reinsurance Finance, our team is responsible for Financial Analysis, Planning, Data Insights & Analytics for the L&H Reinsurance worldwide with a focus on IFRS valuation. Reinsurance FP&A drives sustainable performance as Performance Architect and Commercial Advisor of the BU by crafting transparency on the financial performance, driving performance strategy, supporting performance initiatives, and providing commercial advice. We aim to provide senior management with key insights into business performance, guiding them to make accurate and impactful decisions. We also act as a CFO function for the Chief Underwriting Office and Head of Valuation & Analysis. We work closely with pricing and actuarial teams across the globe to ensure quality of the financial information and to derive the insights/granularity needed from our data analysis.

The financial analyst is a key role within an agile and driven team, providing the opportunity to delve into financial performance, data and managing key stakeholder requests

About you:
  • Qualified Chartered Accountant/CFA, MBA (Finance), Actuarial/Good progress on Actuarial examinations would be preferable
  • Successfully completed university degree, preferably in Mathematics, Actuarial Science, Natural Science, Finance or equivalent
  • Overall, 5+ years of working experience in L&H (re-)insurance analytics, controlling or similar function
  • Basic understanding of financial reporting process or familiarity of the IFRS, GAAP, and EVM accounting frameworks is preferable.
  • Strong curiosity about/motivation to learn about insurance/reinsurance
  • Life & Health Insurance products risk selection and risk reward framework understanding is preferable, Actuarial education is a plus
  • Proficiency in MS Office applications (Excel, PowerPoint, Word, Access, Power BI) and any exposure working on Palantir platform is a plus
  • Finance: source of earnings, income statement and balance sheet understanding / experience are preferable

Specific soft skills
  • Mature & self-confident Able to work with internal clients/business partners/senior colleagues
  • Approaches problems with curiosity and open-mindedness, fast learner
  • Capacity to readily adapt to a changing and dynamic environment
  • Team-player, willingness to contribute actively to the overall team spirit
  • Proven expertise to work independently and proactively in conjunction with others
  • Ability and enthusiasm to work in a global and multicultural environment
  • Very good communication, interpersonal skills, and the ability to sustain high level of work output within tight deadlines
  • Ability to express him-/herself effectively in one-on-one conversations and small groups
  • Excellent organizer, flexible, able to prioritize and work optimally under given timelines
  • Strong analytical/data processing skills & methodological/conceptual understanding, (coding experience is plus) and ability to focus on details without losing track of the bigger picture


Keywords:
Reference Code:130417

Skills: Ifrs, Power Bi, Analytics, Excel, Reinsurance, palantir , Actuarial

Experience: 5.00-7.00 Years